10. When using block paragraphs in messages, one should a) use single spacing b) indent the first sentence of paragraphs c) not use double spaces between paragraphs d) not use headings 1 1. The benefits of a general partnership include its a) ability to pool financial resources b) ease of withdrawal c) limited liability d) permanence 12. Valko and Hank are the co-owners of a breakfast food company. They have a disagreement over company policies and business methods. Following the discord, Valko withdraws from the company and comes under the obligation to pay a sum of $18,000-the debts of the firm that are due at the time of his withdrawal. In th given scenario, Valko and Hank most likely a) have a general partnership b) own an S corporation c) own a statutory close corporation d) have a limited liability partnership 13. Which of the following is included in a typical partnership agreement? a) Selling company shares to the public b) Raising financial capital through corporate bonds c) How partners will settle disagreements d) How partners will solve the issue of unlimited liability 14. In a sole proprietorship, any debts the company incurs are a) taxed only if the owner has not taken a loan b) treated as the owner's personal income c) considered to be the owner's personal liabilities d) used to purchase preferred stocks of the company 15. Which of the following is an advantage of general partnerships? on jon robin a) Partners capitalize on complementary skills. b) All partners have limited liability. c) A partner's investment stays with the company even when they withdraw. d) Partnerships have negligible scope for disagreements